News Blog

MUMBAI: With public sector banks missing the target of opening the number of ATMs as mandated by the government, white label ATM (WLA) manufacturers are smelling an opportunity to outsource ATMs at lower costs. WLAs are non-banking entities that own, set up and operate automated teller machines (ATMs) for banks. Those owned by banks are […]

BJP MLA Ravindra Jaiswal inaugurated first ATM of WLA-STATE ATM on 15th January’16. As a part of this mega venture, 51 ATM’s are to be deployed in Varanasi and surrounding territories. STATE ATM wants to provide online banking services to city and rural residents in the next three years and would mark their footsteps Pan […]

RSBL (approved by RBI as White Label ATM Operator) will provide end to end solutions for both Onsite and Offsite ATMs for JALORE Nagrik Sahakri Bank in various cities approved by the Bank. This is the second Co-Operative Bank tie-up with White Label ATM Operator (WLAO) in the country. It’s an exclusive tie up between […]

With help of NABARD the Mobile ATM Van is handed over to Sarva Haryana Gramin Bank for literacy of technology to rural area people. This is the first ever project done for any RRB. Total fabrication and interior is done by STATEATM team. We have offered our services for operating the Van to Bank for […]

The government may allocate funds in the ensuing Union Budget of 2016-17 for setting up ATMs at post offices to ensure accessibility to all financial services in every village. “We are looking at see how ATMs and micro ATMs can be rolled out in every post office. Some provisions may be given in the Budget […]

The automated teller machine (ATM) network of Jammu and Kashmir Bank has crossed 1,000, the bank said on Friday. It has added 676 ATM machines to its network in the past five years. “Continuing its focus on customer convenience, J&K Bank has achieved a target of 1,000 ATMs installed across the country,” a spokesman of […]

NAVI MUMBAI: Borze, a tiny village in the water-starved Pen taluka of Raigad district, stopped waiting for the state government and their local politician of various hues to give them the much-needed clean water. Instead, the villagers recently tied up with a private company to set up an innovative “water ATM” that locals refer to […]

Wells Fargo says it will allow customers to use their smartphones to conduct automated teller machine transactions starting next year. The move comes as banks everywhere are under pressure to enhance their mobile offerings as more customers are doing their banking on smartphones Your ATM card isn’t yet obsolete, but it may be getting there. […]

Seeking to boost its revenue generation, the cash-strapped North Delhi Municipal Corporation (NDMC) is pondering renting out its school buildings to various coaching institutes and bank ATM kiosks to achieve financial stability. The corporation is looking at the possibility of generating revenue of nearly Rs 300 crore from the project. While the administrative decision has […]